ARTICLES LABELLED WITH TAG city

News Proper mixing of elements is crucial for city-in-the-city developments
02
Jan
2024

Proper mixing of elements is crucial for city-in-the-city developments

by Property Forum
Western Europe has been witnessing several city-in-the-city concepts and CEE is following suit. There are good examples across the continent but this special type of development needs meticulous preparation and high-class execution. Property Forum asked Zoltán Petrik, Head of Sales and Real Estate Development at EB Hungary Invest Ltd. about the most important challenges of preparing and materialising such complex projects.
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News Czech Post to sell building in city centre for €62.3 million
25
Oct
2023

Czech Post to sell building in city centre for €62.3 million

by Property Forum
The Czech Post (Česká pošta) has announced a tender for the main post office building at the corner of Politických vězňů and Jindřišská streets in Prague. The asking price is CZK 1.538 billion (€62.3 million) excluding VAT. The tender was preceded by an offer of the building to state institutions, which was not taken up. This is according to information from the Czech Post on its website, the ČTK news agency reports. 
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News Prague rejects purchase of Jindřiška Tower due to high price
19
Oct
2023

Prague rejects purchase of Jindřiška Tower due to high price

by Property Forum
It would be an unfavourable purchase, Prague councillors agreed in the case of the Jindřiška Tower, for which the Prague Archbishopric is demanding CZK 100 million (€4 million). This is twice as much as an expert's opinion, according to newstream.cz which commented on the original CTK report. 
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News Prague Archbishopric to sell Jindřiška Tower and hotel
21
Sep
2023

Prague Archbishopric to sell Jindřiška Tower and hotel

by Property Forum
Thirty interested parties are bidding for the Jindřiška Tower in the centre of Prague, which was offered for sale by the Prague Archbishopric at the end of last year. The Prague City Council has also submitted an offer. The price is expected to be €4.09 million. The archbishopric also decided to sell the Clara Futura hotel in Dolní Břežany for €12.6 million to the investment fund Investika, writes the Czech Press Agency ČTK.
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News Prague district reaches deal with two developers
14
Sep
2023

Prague district reaches deal with two developers

by Property Forum
The Prague 3 City Council has approved two contracts with developers Penta and Finep to build on one of Prague's largest brownfield sites at the former Žižkov railway station. This may lead to a change in the zoning plan, which the developers have been waiting for. On the other hand, the city and the district itself will receive CZK 267 million (almost €11 million) in so-called contribs, which will go towards building public parks, reconstructing schools and building a new kindergarten, writes e15.cz.
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News Prague to select contractor for EUSPA building
13
Jun
2023

Prague to select contractor for EUSPA building

by Property Forum
The Prague City Council has approved the intention to launch a tender for a contractor to be entrusted with the transformation of the unfinished torso of the Prague 8 City Hall building. The Nová Palmovka Centre will become the new European Space Research Centre (EUSPA). The city is preparing this project for the Ministries of Transport and Finance, with which it is cooperating intensively.
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News Prague approves construction of 300 PDS flats
06
Jun
2023

Prague approves construction of 300 PDS flats

by Property Forum
The Prague City Council has approved the investment preparation of the Beranka residential project in Prague Horní Počernice. The construction of 300 flats on an area of 63,000 sqm is being prepared under the management of the Prague Development Company (PDS). Architectural competition and tenders are being prepared. PDS plans to build between 2025 and 2030.
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News PDS plans new Prague districts with 8000 flats in 12 locations
22
Jun
2022

PDS plans new Prague districts with 8000 flats in 12 locations

by Vera Tumova
Palmovka in Prague 8 and Nové Dvory in Prague 4 are the largest areas where Prague development company (PDS – Pražská developerská společnost) plans the largest changes and development of new districts. PDS is preparing projects in a total of 12 localities where up to 8,000 urban rental flats should be built, announced the company director Petr Urbánek together with the Deputy Mayor of Prague, Petr Hlaváček at a press conference.
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News Česká spořitelna to build cheaper rental housing in Czech cities
21
Jun
2022

Česká spořitelna to build cheaper rental housing in Czech cities

by Property Forum
Czech bank Česká spořitelna is initiating the construction of more affordable rental housing in Czech towns with a population of over 10,000. The bank plans to launch the first trio of projects with 250 flats in cooperation with three town halls this year or in early 2023. Rental housing in such projects should be at least one-fifth cheaper, E15 reported on the bank's new plans today.  
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News Prague wants to build cooperative flats, but councillors disagree
26
May
2022

Prague wants to build cooperative flats, but councillors disagree

by Property Forum
The City of Prague wants to build cooperative flats where the city could continue to rent out one-third of the flats. However, the councillors disagree on the conditions under which the entire project should be implemented in Prague 5. If they agree and construction begins, the project would offer cooperatives favourable conditions for financing housing without a mortgage and cheaper prices for construction by the developer. The councillors are now trying to find a compromise to get the project off the ground, reports Seznamzprávy.cz.
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Latest news


New leases

  • Maidan rented a 1,460 sqm space in the Bucharest-based Dageco Expozitiei Estate complex, for three functions: the company's offices, an event hall with a capacity of 170 people and the central catering kitchen. The lease was overseen by Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance.
  • Vattenfall IT Services Poland will move to Grundmann Office Park A. It will occupy approximately 2,600 sqm in the Katowice office building owned by Cavatina Holding.
  • Panattoni Park Łódź West III is gaining a new tenant from the 3PL sector. Italian company Barth Italiana will occupy more than 5,500 sqm of space at the complex.

New appointments

  • Ewelina Szczepaniak joins the office space leasing team of CPI Property Group in Poland as Leasing Manager – Offices. She will strengthen a department responsible for the lease of 20 office buildings in Warsaw with a combined area of 516,000 sqm.
  • Julia Faltus-James, an accredited professional in WELL, ActiveScore and “Green Home” certifications, and Szymon Krawczyk, an energy transition expert, have joined the Strategic Consulting & ESG Advisory team of Cushman & Wakefield.
  • Management Board of Globe Trade Centre has announced that on the 3rd of December, the company received a written statement from György Stof on his resignation as a Member of the Company's Management Board.

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